Category: News

September 22 2017

California Sets Demands for Auto-Emission Talks With Trump

John Lippert and Ryan Beene California may re-open discussions on its greenhouse gas limits for cars and trucks for 2025, so long as automakers and the Trump administration embrace significantly tougher targets the state is seeking for later years. Automakers have “a whole laundry list of things they’ve asked for” to ease the state’s standards […]

September 22 2017

Imposing Solar Tariffs May Cost U.S. Taxpayers $1.23 Billion

Chris Martin Imposing tariffs on solar components imported into the U.S. will drive up prices for solar developers. It could also cost U.S. taxpayers as much as $1.23 billion. The U.S. offers incentives to encourage people to use clean energy, paying owners of solar-power systems a tax credit equal to 30 percent of the total […]

September 22 2017

A $21 Billion, Failed U.S. Nuclear Project Still Haunting Scana

Scana Corp. may have dropped a $21 billion plan to build a nuclear power plant in South Carolina two months ago, but washing its hands of the project altogether won’t be so easy. On Thursday, the utility disclosed that it had received a federal subpoena for documents related to the canceled reactors. Earlier this month, […]

September 22 2017

Free-Trade Deals May Soften Tariffs on Solar Panels

U.S. free-trade deals with Canada and other countries may soften the impact of tariffs on imported solar panels now that Suniva Inc. has convinced the government it was hobbled by foreign competition. The U.S. International Trade Commission voted 4-0 Friday in favor of a complaint filed by the bankrupt solar manufacturer, which is seeking duties that would […]

September 22 2017

China Power Giants Pursue $3.6 Billion Finnish Grid

China Southern Power Grid Co. and China Yangtze Power Co. are among companies weighing bids for Finnish power distributor Elenia Oy, which could fetch as much as 3 billion euros ($3.6 billion), people with knowledge of the matter said. Elenia’s owners have asked suitors to submit non-binding indicative offers by mid-October, according to the people, who […]

September 22 2017

Nuclear Experts Head to China to Test Experimental Reactors

China is becoming the testing ground for a new breed of nuclear power stations designed to be safer and cheaper, as scientists from the U.S. and other Western nations find it difficult to raise enough money to build experimental plants at home. China National Nuclear Power Co. this month announced a joint venture to build […]

September 22 2017

Shale Billionaire Hamm Slams ‘Exaggerated’ U.S. Oil Projections

Billionaire oilman Harold Hamm says the government was way too optimistic with its prediction of more than 1 million new barrels a day in U.S. production, and the snafu is “distorting" global crude prices. This year’s rise is likely to be closer to about 500,000 barrels, far off an initial forecast by the U.S. Energy […]

September 22 2017

Investors Seeking Green Assets Make Companies (Somewhat) Cleaner

Growing investor appetite for low-carbon assets is pushing companies to hasten their transition to clean energy, but not nearly fast enough. About 68 percent of global investors intend to increase green investments and one-in-two companies has a strategy to reduce their environmental impact, according to a survey commissioned by HSBC Plc published Sept. 12. However, […]

September 22 2017

How Electric Cars Can Create the Biggest Disruption Since the iPhone

It’s been 10 years since Apple Inc. unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same trick on Big Oil. The rise of Tesla Inc. and its rivals could be turbo charged by complementary services […]

September 22 2017

Why Mitsui Mining Is Excited for Next-Gen Battery Storage

When it comes to batteries, the future may be solid. In recent years, a handful of companies including Toyota Motor Corp. have joined research labs around the world working to develop batteries that are safer and hold their charge longer. Many see using a solid instead of liquid as an electrolyte as the prize. The […]